Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.83% this week. The rate for a 15-year fixed-rate mortgage was 6.03%.
Economy
Housing starts fall in March
Housing starts decreased by 11.4% in March from the month prior to a seasonally adjusted annual rate of 1.32 million,...
Powell: Tariffs will likely cause higher inflation, slower growth
With the tariffs announced by President Trump much higher than anticipated, the same is probably true of their economic effects,...
Industrial production decreased 0.3% in March
Industrial production decreased 0.3% in March from the previous month, the Federal Reserve reported. The March figure was up 1.3%...
Home builder confidence rises slightly in April
Builder confidence in the market for single-family homes in May was 40, up one point from the previous month, according...
Business inventories rise in March
Business inventories in March came in at $2.59 trillion, up 0.2% from the month prior and up 2.1% from a...
Retail sales increased 1.4% in March
Retail and food service sales for March were $734.9 billion, up 1.4% from the previous month, the Commerce Department said...
New York Fed: Consumer inflation expectations mixed in March
Consumer inflation expectations in March increased at the short-term horizon but ticked down at the long-term horizon, the Federal Reserve...
ABA DataBank: Treasury yields sink after reciprocal tariffs announced and rise on postponement
Treasury yields fell after the sweeping April 2 tariff announcement, as investors sought safety amid rising trade tensions and no...
Producer prices fell in March
The Producer Price Index declined 0.4% in March from the previous month, the Labor Department reported.
